Sep 13, 2021 1:03:00 PM | LGT Beacon
LGT Beacon: Tactical asset allocation for Q4/2021
The macro outlook remains positive, but peak growth is behind us and the economic momentum will continue to slow to a more normal pace. At the same time, investors are pricing risky assets for a carefree future, and might thus prove susceptible to disappointments. In this situation, we combine a small overweight in risk assets with elevated cash reverses.